Tag: International Trade
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South Africa’s Trade Deficit with BRICS Partners Widens, Raising Questions About bloc’s Future
Intro: A Growing Imbalance Within BRICS New research highlights a sharp expansion in South Africa’s trade deficit with its BRICS partners, widening by $9.6 billion. The figure deepens concerns about how SA participates in the bloc it joined in 2010, and what the trend means for domestic industries, employment, and policy priorities. While BRICS markets…
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South Africa’s BRICS Trade Deficit Widens: Implications for Policy
Overview: A Growing Deficit with BRICS Partners Recent research shows a widening trade deficit between South Africa and its BRICS partners, increasing by approximately $9.6 billion. Authored by leading academic Bhaso Ndze and colleagues, the study highlights a structural shift in South Africa’s trade patterns within the BRICS bloc. The findings come at a time…
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South Africa’s BRICS Trade Deficit – A Widening Gap That Tests the Bloc’s Future
SA’s BRICS Trade Gap Widens: What the Numbers Say South Africa’s trade deficit with its BRICS partners has grown by $9.6 billion, according to recent research compiled by academics including Bhaso Ndze. The widening gap raises important questions about the country’s ongoing engagement with the bloc it joined in 2010. While BRICSs members—Brazil, Russia, India,…
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Labour remains cautious on India FTA, calls move a ‘good step forward’
Labour weighs its position on the India free trade agreement Labour has stopped short of committing to backing the government’s free trade agreement (FTA) with India, even as the party describes the move as a positive development. The trade conversation highlights the party’s careful approach to international trade policy and its willingness to engage with…
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Labour cautious on India Free Trade Agreement: A Step Forward
Labour Acknowledges a Positive Move, But With Reservations Labour has stopped short of saying whether it would back the government’s proposed free trade agreement (FTA) with India, even as it concedes that the move appears to be a significant and potentially positive step in the broader global trade landscape. The party’s trade spokesperson, Damien O’Connor,…
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Canada-U.S. Free Trade Review: Talks Set to Begin Mid-January
Background: A Formal Review of a Long-Standing Pact The governments of Canada and the United States have announced plans to launch formal discussions to review the Canada-U.S. Free Trade Agreement beginning in mid-January. The move, confirmed by the office of Canada’s Prime Minister and relayed to provincial leaders, marks a structured reassessment of a pact…
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Swiss Exports to the US Jump on a New Trade Deal Reached
Overview: A Turn in Swiss-US Trade Recent data shows Swiss exports to the United States edging higher as a fresh trade agreement comes into force, signaling a renewed warmth in bilateral commerce. The deal, designed to streamline customs, reduce tariffs, and simplify regulatory hurdles, has helped Swiss manufacturers and service providers reach American markets more…
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Yuan Climbs to 13-Month High on Fed Cut Expectations
What’s happening The Chinese yuan surged to its highest level in more than a year against the U.S. dollar, driven by solid corporate demand for the currency and mounting optimism that the Federal Reserve will ease monetary policy sooner rather than later. The move reflects a broader shift in global markets as investors reassess growth…
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India-Canada Trade Revival: A $50 Billion Plan Takes Shape at the G20
New Momentum in India-Canada Economic Ties The relationship between India and Canada is entering a new phase of economic collaboration, as leaders commit to a bold, $50 billion trade plan announced during a high-profile meeting on the sidelines of the G20 Leaders’ Summit in Johannesburg. Prime Minister Narendra Modi and Canadian counterpart Mark Carney used…
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Canada poised to sign uranium export deal with India as ties warm
Canada moves to finalize uranium export deal with India Canada is nearing the completion of a landmark uranium export agreement with India, a move that underscores a broader thaw in bilateral relations after a period of diplomatic friction. The deal, valued at about US$2.8 billion, would position Canada as a key supplier for India’s growing…